#Ethereum Virtual Machine (EVM)
The Ethereum Virtual Machine (EVM) is a Turing-complete virtual machine that runs on the Ethereum network. It serves as the runtime environment for smart contracts written in Solidity programming language. The EVM executes code exactly as it’s written, and allows developers to create decentralized applications with no third parties or centralized authority involved.
##What Is an EVM?
The Ethereum Virtual Machine (EVM) is a piece of software that provides an isolated execution environment for executing programs written in any supported programming language such as Solidity. By providing this isolation from external processes, it ensures that all transactions are performed securely and accurately according to their associated rules and conditions without requiring trust between participants in the system. This makes it possible to build complex systems like cryptocurrency exchanges or games while still keeping them secure and reliable by avoiding potential attacks from outside sources such as malicious actors or hackers trying to alter data stored within these distributed applications. Additionally, because of its ability to execute arbitrary code, EVMs can be used for running sophisticated financial instruments such as derivatives trading platforms or decentralized autonomous organizations (DAOs).
##Advantages of Using an EVM
There are several advantages associated with using an Ethereum Virtual Machine:
1. Security – All operations executed through the EVM are cryptographically signed ensuring immutability once they’ve been committed onto the blockchain ledger; thus eliminating fraud risks due to double spending etc… 2 . Speed – An average block time on ethereum only takes around 12 seconds meaning your operations will be processed faster than most other blockchain networks currently available; significantly cutting down development timescales when compared against traditional web technologies 3 . Reliability – Since each operation must pass consensus before being added into blocks there is no single point of failure which eliminates errors caused by human input/error during processing 4 . Openness – Not only does anyone have access into viewing how programs run but also developing ones own solutions becomes much easier since existing toolsets provide comprehensive documentation & support 5 . Cost efficiency– With gas fees typically cheaper than those found on other blockchains you can keep costs low while building highly performant systems 6 . Ability To Execute Complex Logic – As mentioned earlier, since instructions can be encoded directly onto Smart Contracts developers have more freedom when creating complex logic not achievable through traditional coding languages
